Client NewsUnited Oil and Gas plc: APA Signed – Conditional Sale of Maria Discovery
United Oil & Gas Plc (AIM: “UOG”), the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce that it has entered into a binding Asset Purchase Agreement (“APA”) with Quattro Energy Limited (“Quattro”) to sell UK Central North Sea Licence P2519 containing the Maria discovery in Block 15/18e (“the Licence”) for a maximum consideration including contingent bonus payments of up to £5.7 million (c.US$6.95 million) (the “Transaction”) as set out below.
OPEN AN ACCOUNT
If you are interested in opening an account with Optiva Securities, please fill in the details on the apply button.
Please ensure that the information you entered is accurate, and that your “Caps Lock” key is set correctly.